Vertex Energy Commences Restart Operations at the Marrero Refinery

HOUSTON, TX / ACCESSWIRE / September 10, 2021 / Vertex Energy, Inc. (NASDAQ:VTNR), ("Vertex Energy", "Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today provided an update on the status of operations at its Marrero, Louisiana refinery.

On August 29, a Category 4 hurricane made landfall near New Orleans, resulting in severe regional flooding and power outages. Vertex's Marrero refinery, which is located approximately 10 miles south of New Orleans, was taken offline in advance of the hurricane as a standard, precautionary measure.

The Marrero refinery commenced a phased restart of operations on September 10, as power was restored to the area. As previously disclosed, the refinery sustained no significant damage due to Ida and is expected to return to normal production rates, over the near-term.

Local refinery management continues to collaborate closely with local authorities, including emergency services teams, to ensure a safe and reliable restart of the refinery, while continuing to ensure the wellbeing of all employees and contractors.

ABOUT VERTEX ENERGY

Houston-based Vertex Energy, Inc. (NASDAQ:VTNR) is a specialty refiner of alternative feedstocks and marketer of high-quality refined products. Vertex is one of the largest processors of used motor oil in the U.S., with operations located in Houston and Port Arthur (TX), Marrero (LA) and Heartland (OH). Vertex also co-owns a facility, Myrtle Grove, located on a 41-acre industrial complex along the Gulf Coast in Belle Chasse, LA, with existing hydro-processing and plant infrastructure assets, that include nine million gallons of storage. The Company has built a reputation as a key supplier of Group II+ and Group III Base Oils to the lubricant manufacturing industry throughout North America.

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